I have been thinking about trying my hand at trading forex. I have used demo accounts in the past and made a bit of "pretend" money, and now i fancy doing it for real.
I started an online application for a forex trading account and I see that they ask you about your income and savings, which made me wonder...
Do forex brokers allow anyone to trade (as long as your credit rating is ok) or can an application be denied if your income or savings are below a certain level?
Also, they ask if i've had any experience in any other trading, stocks, futures, spread betting, etc, to which the answer would be no. Does this matter?